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Sustainability Outlook Headlines

Ministry of New and Renewable Energy to set up 1000 MW wind power projects

The New and Renewable Energy Ministry plans to set up grid-connected 1,000 MW wind energy projects which will supply power at price discovered through competitive bidding.

The ministry today sanctioned a scheme for setting up 1,000 MW CTU-connected wind power projects, an official said.

The ministry has... Read more..

Source: The Economic Times

Clean-tech startup Thinkphi gets angel funding

Mumbai-based Think Sustainable Lab Pvt Ltd, which runs clean-tech company Thinkphi, has raised an undisclosed amount in angel funding from serial entrepreneur Nimmagadda Prasad.

The company will use the funds to expand operations and its R&D team and to start sales and distribution activities, it said in a statement.

... Read more..

Source: Vccircle

Govt plans to spend Rs10,000 crore during FY18-22 on integrated bio energy mission

The central government on Tuesday proposed an integrated bio energy mission which will focus on progressive blending and substitution of fossil fuels like petrol and diesel with greener fuels like bioethanol and biodiesel.

The Union ministry of new and renewable energy (MNRE), which made the proposal, also recommended spending Rs.10,000 crore from 2017-18 to 2021-22 for initiatives in this field. It will... Read more..

Source: Livemint

Maruti Suzuki, Mahindra, Ford India, Mahindra Reva and Tata Motors collaborate for electric vehicles cause

Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, Ford India Pvt. Ltd, Mahindra Reva Electric Vehicles Pvt. Ltd and Tata Motors Ltd have created a consortium that will help develop a supplier base for critical hybrid and electric vehicle components.

The components will feed into the efforts of members of the consortium to build six electric and hybrid vehicles, creating a base of suppliers that have the... Read more..

Source: Livemint

For the first time, NTPC trades Un-Requisitioned Surplus power at IEX

For the first time, NTPC has traded in Un-Requisitioned Surplus (URS) power from four of its prominent thermal generating stations: Vidhyanchal, Unchahar, Rihand and Dadri Power at IEX, a statement from IEX said today.

The Central Generating Stations are scheduled on a day-ahead basis. Usually, generating stations offering cheaper power are fully scheduled by States. In case the State does not wish to... Read more..

Source: ET Energy World

IEA: Global oil market to hit surplus in early 2017

Oil supply and demand will balance after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year, the International Energy Agency said on Tuesday.

The agency said demand growth in 2017 is likely to be flat at around 1.3 million barrels per day (bpd), the same level at which it estimates growth for this year, having revised up its May 2016... Read more..

Source: ET Energy World

Tillman, GTS team up on renewables for telecom towers

Tillman Green LLC of the US and UK-based Global Tower Solutions (GTS) have formed a joint venture that will focus on diesel displacement for telecom towers.

The companies said yesterday that the JV, called Tillman GTS, planned to invest USD 500 million (EUR 445m) over the next three years by providing capital to the mobile telecom tower market. It will offer renewable energy and battery storage as an... Read more..

Source: SeeNews Renewables

IIT Delhi students create device that turns waste cooking oil into biodiesel

A team of three IIT Delhi students have come up with a prototype called FAME One. Their innovation can help small-scale hotels, restaurants and households to convert waste cooking oil into biodiesel. Their innovation, which looks like a washing machine, is not only eco-friendly but also affordable. Taking roughly an hour to complete the process, it can be used in rural setups to convert oil seeds into diesel.

... Read more..

Source: Hindustan Times

Power conference in Goa to discuss 24X7 power for all

Piyush Goyal, Union minister of state with independent charge for power, coal and new and renewable energy, will inaugurate a two-day conference on 'power, renewable energy and mines', which will be attended by ministers of states and union territories at Cansaulim on June 16 and 17.

The conference will review the implementation of ongoing schemes and issues pertaining to power, coal and renewable energy... Read more..

Source: ET Energy World

India looks to tap multi-billion dollar climate fund to back renewable projects

The Indian government has launched a request for proposals for renewable energy projects to tap into the multi-billion dollar Green Climate Fund (GCF).

The country’s Ministry of New and Renewable Energy (MNRE) issued the request for “State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders” to present proposals that could be... Read more..

Source: PV-Tech

India, EU to boost clean energy

The cooperation between India and the European Union will facilitate policy dialogue and bring best practices as well as business solutions for clean energy projects, particularly in the farm sector.

“The partnership between India and the EU will facilitate policy dialogue, bring best practices, business solutions and joint research and innovation and will look at financing models for clean energy and... Read more..

Source: Business Line

ABB links 648 MW solar project at Kamuthi with national grid

Engineering firm ABB has commissioned five sub-stations to integrate 648 MW solar project at Kamuthi in Tamil Nadu to the national transmission grid.

The project was awarded by independent power producer Adani Group in 2015 and completed on schedule, the company said in a BSE filing today.

According to... Read more..

Source: The Economic Times

Tata Power acquires Welspun Energy's renewable assets for Rs 10,000 crore

Tata Power Company has said its renewables arm has signed an agreement with Welspun Energy Pvt Ltd to acquire its green energy portfolio for an estimated at Rs 10,000 crore ($1.4 billion).

In a statement issued late on Sunday night, Tata Power Renewable Energy said it has signed share purchase agreement to buy Welspun Renewable Energy's 1.1 GW renewable portfolio in what would be the largest solar M&A in... Read more..

Source: The Economic Times

Amrita students develop ‘Smart Water’ prototype

Engineering students from Amrita University have developed a prototype called “Smart Water”, to monitor the growing exploitation of fresh water in the country.

The technique took the Amrita team to a different level at the first-ever “iDeate – The Great Digital India Challenge” organised by Cisco, with several companies evincing interest in taking the prototype forward towards commercialisation.... Read more..

Source: The Hindu Business Line

Havells India to raise stake in Promptec Renewable Energy Solutions

Electrical equipment maker Havells India today said it will increase its stake in Bangalore-based Promptec Renewable Energy Solutions up to 70 per cent for an undisclosed sum.

“A tripartite agreement has been signed among the company viz. Havells India, Promptec Renewable Energy Solutions, a subsidiary where the company holds 51 per cent stake and the shareholders of Promptec, whereby the company has agreed... Read more..

Source: The Financial Express

Govt lays out road map for adoption of fuel cell technology

The central government on Monday released a draft report that lays down a road map for the use of hydrogen energy and fuel cell technology in the transport sector as it tries to broaden the green economy in India.

The draft report Hydrogen energy and Fuel Cells in India—A way forward has been put online by the ministry of new and renewable energy and is open for comments till 20 June.

... Read more..

Source: Livemint

Govt to provide subsidy to solar-run powerlooms

The Government of India will provide subsidy to powerlooms that use solar energy to run their units from August this year, as a part of its clean energy initiatives.

“From August 15, powerlooms in the country will utilise solar energy for running their operations. We are planning to provide 50 per cent subsidy (to them),” textiles minister Santosh Kumar Gangwar said at a press conference on the achievements... Read more..

Source: Fibre2Fashion

Adani group wins bid to set up a 100 MW solar unit in Chhattisgarh

An Adani Group company has won the project to set up a 100 MW solar power unit in Chhattisgarh, in an auction where none of the bidders quoted below the reserve price.

Parampujya Solar Energy, an arm of Adani Green Energy, sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among three bidders in the latest solar auction conducted by Solar Energy Corporation of India (SECI).... Read more..

Source: The Economic Times

Special purpose vehicle for smart city in final stages in Panaji

The special purpose vehicle that will spearhead the enormous task of transforming the capital into a smart city is in the final stage of being notified by the state ministry of urban development. Secretary of urban development Sudhir Mahajan is deliberating on the composition of the special purpose vehicle (SPV) and sources said that the decision notifying the formation of the SPV could come "anytime now".

... Read more..

Source: The Times of India

Govt to spend 73cr for rural electrification in Gautam Budh Nagar district

The Union government has sanctioned Rs 72.71 crore for electrification of all villages in Gautam Budh Nagar district. The work, to be implemented under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS), aims to provide electricity to all villages in the district by mid-2018.

On Saturday, MP Mahesh Sharma held a meeting with district magistrate N P Singh and... Read more..

Source: The Times Of India

Tata Power to acquire Welspun's renewable energy arm

Tata Power today said it will acquire Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL) for an undisclosed amount.

Tata Power's subsidiary Tata Power Renewable Energy Ltd (TPREL) will acquire WREPL through a share purchase agreement (SPA), it said in a statement.

"TPREL, a 100 per cent... Read more..

Source: The Times of India

Panel set up for full municipal waste mgmt in Maharashtra

The state government, following directives from the Central government, has decided to go in for full management of municipal solid waste. It has set up a nine-member steering committee under principal secretary (urban development II) for suggesting ways and means to achieve this objective.

The committee will also recommend ways to make full use of municipal compost generated by urban local bodies. The... Read more..

Source: The Times Of India

CIL's coal price hike to push power tariff by 8-10%: Tata Power CEO, MD Anil Sardana

Power tariff is likely to increase by 8-10 per cent in the country after Coal IndiaBSE 0.36 % decided to hike the commodity's prices, Tata PowerBSE -0.59 % CEO and Managing Director Anil Sardana has said.

He also warned against early exuberance over the UDAY scheme and claims of electricity surplus by the government.

... Read more..

Source: The Economic Times

Power plants of PSUs allowed to swap coal, similar rules for private companies in offing

The power regulator has allowed power plants owned by central and state power utilities to swap coal for its efficient usage and reduction of transportation charges, a move that will lead to lowering of electricity tariffs.

The Central Electricity Authority has finalised the methodology for flexibility in utilisation of domestic coal for reducing cost of power generation.

... Read more..

Source: ET Energy World

NGT gives green light to registration of diesel vehicles for waste disposal

The National Green Tribunal (NGT) has directed the Delhi government to register two new diesel vehicles which are conforming to BS-IV norms and would be used for garbage disposal and handling of municipal waste generated in New Delhi Municipal Council (NDMC) area.

A bench, headed by Justice Jawad Rahim, granted the relief on similar terms and conditions which were imposed by the NGT in its May 31 order, in... Read more..

Source: The Indian Express
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